New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1887-11-14

during the past two months mas Dcch ny ho
means Indicative of short supply; indeed. IL
might fairly be inferred. from the exceedingly
rapid movement Of cotton to market. that the
suppIies on hand at the South were known 10
be larger than tho market has expected 1t Is
To he said. however that the estimates or the
Bureau have been great many times disputed
by those interested in various trades, bilt nave
hardly ever as vet been found less reliable than
other estimates The immediate effect OF the
latest reports was an advance IN prices Oh
grain. cotton provisions and cattle, when Is
encouraging to producers as in part compeh-
satiop for the partial loss of crops but IL is
not encouraging for the uansporters. ana they
have to remember that nearly OF quite inc
whole difference in yield is to be taken from
the quantities to be transported Sooner OF
later. tho important losses in production OF
Grain cotton and animal products during the
mast wear must DO felt in the demand for many
Linds Of goods. but thus far the adviccs from
monty all parts Of the West and South indicate
that a larger trade than usual is IN progress
and that the demand for manufactured goods
is not less but greater than usual
The official report Of cotton exports Tor inc
month Of October is worthy Of especial notice
~ tbc movement was probably the largest ever
rocordcd in any month showing an increase OF
an nor cent i'm pounds and about 30 IL per
cent in value over the exports Tor the SAME
montb last year Somewhat unexpectedly inc
nil pyports also show an increase OIL per ccho
for the month in quantity and about per cch'
IN valuc. The movement Of brcadstuiis shows
an ;mportant decrease in comparison with last
vcar tbouch the decline in quantity OF wheat
cvnortcd from Atlantic ports is partly compen-
s,icd by the increase in quantity OF hour
n,,r;,o the past two weeks. however. exports
from Ncw-York have been II per cent less
than for the same weeks last year, Dut NC
crease Of nearly per cent has appeared during
thc same time in the value of imports III VIII
not he forgotten that the movement OF goa
for months past has Jccn controlled by ioricRh
Investments in this country, and not ny 'he
balance Of merchandise accounts ana inc uh-
favorable tidingS regarding the German Oro"h
Prince led to some apprehension that WIN
dr,val Of foreign capital invested here mlghU
H., 1T hand The markets for the past TWO
DAYS have given no indication OF Such 'ch-
dcrcv and the accounts regarding the crown
prince and the temper Of financial markets
abroad have been less unfavorabIe. nuo OheIo
i still possibility Of important changes rom
that quarter.
The monthly statement of IRON output AGAIN
.L,,,s IN increase. the Ncw-YoIl account liriI-
c,t;pc a gain Of 2.lsO tons per week, ana inc
rit,burc account a gam OF POO tons per
week since October BY either statement
the ,i,J is greater than at any previous 'lhc'
and the increase in weekly output since year
ago J., about 5000 tons. This great cNP'h.
.',, cou,,nuc, AT a time when the imports oI
mos, and steel Of all kinds are larger than ever
Lct,rc and when il i, the declared purpose
~ those who represent the Adm ni>tI'l'ion ana
the majority in the House to make 4 d''c. "''''"
effort At the approaching session for reduction
of Duties I'udcr the circumstances. 1t Is ho'
.,,r,,is;no that sales Of steel rats at 81 W
,.c, arc ,cportcd. nor that other than the pest
brands II iron are somewhat weak o"' "'''''
cherish the belief that the demand Tor IRON III
rail,cad uscs viii be rapidly increased D! ,"'
i,,ur,ycmcut i'm the stool; market. u i ''N'
.,.,oncd that renewals and requirements M"hc'
u,o, tbc enormous mileage now op'ra''o' wiz
,,i,, constant cmIioymcnt to large part 81
,Ic producing force in the country. buV '"'
,,,Irnads have done a great deal in the way
If renewing rails and rolling stock during INV
,,., vcar. po,,ilN with a view Of preparing LOT
les, satisfactory times when the Interstate "''
get, fully enforced.